Brent Crude Oil X Right Price:
Lets find out where Brent is leaking from!
Based on my previous numbers I did mention a bearish move on the way as the price I calculated created a bearish Neck & Shoulder pattern at $92 area!
Now lets tidy up the numbers!.
2 area Brent require to visit first before we can do further expectation, even if does not go as low still expect the visit! both way below prices will happen!
Area require a visit:
(1) $85.060 Area
(2) $82.049 Area.
Once these 2 area been cleared then we will expect the following X Right Prices:
New support: $92.345 follow by $92.481
$94.125
$94.308
$95.052
$96.446
$97.304
$98.171
$98.672
First Distribution Price: $100.130
$100.528
$101.025
$101.651
$102.195
$102.951
$104.190
$104.644
Distribution price: $105.519, it will go little higher but since we have no data for May, 2024 we can only expect $105.519.
Lets find out where Brent is leaking from!
Based on my previous numbers I did mention a bearish move on the way as the price I calculated created a bearish Neck & Shoulder pattern at $92 area!
Now lets tidy up the numbers!.
2 area Brent require to visit first before we can do further expectation, even if does not go as low still expect the visit! both way below prices will happen!
Area require a visit:
(1) $85.060 Area
(2) $82.049 Area.
Once these 2 area been cleared then we will expect the following X Right Prices:
New support: $92.345 follow by $92.481
$94.125
$94.308
$95.052
$96.446
$97.304
$98.171
$98.672
First Distribution Price: $100.130
$100.528
$101.025
$101.651
$102.195
$102.951
$104.190
$104.644
Distribution price: $105.519, it will go little higher but since we have no data for May, 2024 we can only expect $105.519.